Universities can apply to be recognised as Academic Centres of Cyber Security Excellence (ACCSE) for providing specialised training on cybersecurity.

The ACCSE program will recognise universities that demonstrate "a high level of cyber security education and training competency, research capability and strong connections to the business sector", Tehan's statement said.

"Universities that are recognised as ACCSEs will help encourage more students to undertake studies in cyber security and increase the number of skilled graduates who are job-ready and needed to work in Australian business and government to tackle emerging cyber security challenges," the statement said.

The initiative is a key part of a $230 million cybersecurity strategy that "addresses the dual challenges of the digital age—advancing and protecting Australia’s interests online", Tehan said.